The European Parliament commissioned study analyses which targets would be compatible with the global long-term goal of keeping the temperature increase below 2°C compared to pre-industrial levels. The analysis supports the view that it is important to establish targets for both sectors that clearly indicate that emissions cannot grow in an unlimited and unregulated way.
The latest estimates from the International Energy Agency (IEA) indicate that the transport sector contributed nearly 23% of global CO2 emissions from fuel combustion in 2012. Transport, with an average annual growth rate of 2.0% from 1990-2012, is among the fastest growing sectors of CO2 emissions from fuel combustion.